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20130113
20130121
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CNN
Jan 13, 2013 12:00pm PST
that fight? >> when do you stop doing that. >> can you come up with a budget? paul ryan couldn't come up with one. >> well paul ryan did pass a budget in the house. where we have passed a budget is in the united states senate controlled by democrats for over three years. >> right. >> so what we need, what we need to use the debt ceiling moment as, is a moment to educate the american public about all the deficit spending. the fact that we blew through a $2.1 billion increase in the debt ceiling in just seven months. we blew through it in 17 months. we have got to start bringing, reducing spending reducing the -- >> the debt ceiling is a a technicality. you're talking about the budget, you're talking about federal spending. let me show you a piece of the "wall street journal" and get your comment. they said you can't take a hostage you aren't prepared to shoot. i don't want to ask you about hostages and shooting. i want to ask you a question in a different way. do you understand that the consequence or what the consequences are of the u.s. even technically defaulting on its financial oblig
CSPAN
Jan 15, 2013 12:00pm EST
trillion, we're talking about sort of massive reforms probably along the lines of the paul ryan budget which cut $5 trillion in spending. you'd see things like block granting of medicaid and food stamps and, you know, i don't think that they would put in what's called a voucher system or premium support system for medicare. that was, you know, pretty much trounced during the election. but we'll see. you need something with big numbers in order to -- [inaudible] more or less it's probably a smaller debt ceiling increase. and they also need to decide what to do about two other fiscal cliffs that are looming, the $85 billion in sequester cuts that had been put off for two months for the fiscal cliff deal and also the continuing resolution, government funding runs out march 27th. and if a bill's not passed, the government will shut down. now, some thought that republicans would be more willing to use that weapon to try to force cuts because a government shutdown is several orders of latitude less serious than a debt ceiling default. but, you know, behind the scenes appropriators have been
Search Results 0 to 1 of about 2